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Do you know the difference between Price vs Value? Do you know which is more important? Visit: http://www.golvercard.com/blog/2015/3/31/price-vs-value-do-you-know-the-difference
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Price vs Value Know The Difference? GolverCard.com | @GolverCard
Price vs Value Price vs Value, do you know the difference? Many people tend to believe that price and value are the same thing, and that if a house goes up in price, it irrevocably goes up in value, but that assumption is incorrect. Let’s see the WHY and the HOW price and Value differ. GolverCard.com | @GolverCard
The WHY and HOW WHY? Because if a house goes up in price, but it purchases less food or gasoline, water or electricity, stocks or ounces of gold and silver, that means is has been falling down in value while is has been going up in price. The headlines scream about the dollar’s rally and gold’s subsequent fall. But as always these headlines are misleading. HOW? Well, when it comes to purchasing power, the dollar is down big time. And thanks to inane government policies – no matter how well-intentioned – the dollar’s purchasing power is likely to continue decreasing. GolverCard.com | @GolverCard
Price and Value Example According to the Bureau of Labor Statistics, the price of a pound of ground beef was between $3.5 and $4 across the US in 2014. Beef prices swing up and down regularly, but just five years ago, the average price of a pound of ground beef was $2.2. This means that today, the same two dollars only buys half the amount it did five years ago, or in other words, the purchasing power of those two dollars has decreased by 50%! That’s why, everyone who comes across this simple fact worries about whether the numbers in their bank account will buy the food, shelter, and security they will need in the future. If you wonder if the dollars you have now will fund your retirement, you’re likely worried about all of these things, too. GolverCard.com | @GolverCard
How To Protect Yourself SO HOW CAN YOU PROTECT YOURSELF? Simple, by owning hard assets that have the advantages of being a Medium of exchange, a Unit of account, Portable, Durable, Divisible and Interchangeable like currency. It can also be completely private, perform well in inflation or deflation, gives you liquidity, but most important, it's purchasing power can never fall to zero, and that over the long term, either preserved value or add to it. We are talking the benefits offered by allocated precious metals like physical gold and silver. GolverCard.com | @GolverCard
How To Protect Yourself While the dollar’s purchasing power has decreased over the past decade, gold and silver has maintained its purchasing power. In 1999, it took an average of 0.00387 ounces of gold to buy a dozen eggs. Today, despite the new regulations and inflation, you can buy a dozen eggs for just 0.00291 ounces of gold. If you look at the purchasing power of gold and silver in terms of beef, bacon or real estate for instance, you’ll find the same thing. GolverCard.com | @GolverCard
How To Protect Yourself AN OUNCE OF GOLD BUYS AT LEAST THE SAME AMOUNT OF EVERYTHING AS IT DID IN 1999! GolverCard.com | @GolverCard
The Wrap Up As you know, governments can’t print gold or silver, which is why it has been used as money for thousands of years. Gold is the ultimate standard of value. This is why we are confident that 10 years from now, gold and silver will buy the same amount of everything it does today. We don’t have the same confidence in the dollar or any other currency for that matter. Read full post: http://www.golvercard.com/blog/2015/3/31/price-vs-value-do-you-know-the-difference GolverCard.com | @GolverCard
GolverCard Explainer Video GolverCard is an innovative savings and payment system backed by gold & silver. We offer the benefits of the precious metals industry through gold and silver, with all the advantages of the banking industry. Watch Our Explainer Video!
